Let-To-Buy Mortgages

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A let-to-buy mortgage can be complicated as it involves refinancing your existing property based on the potential rental yield, whilst simultaneously finding a new residential mortgage to fund the onward purchase of a new property.

Add to this the fact that buy-to-let mortgages are generally interest only, with rates usually being higher than on residential deals, together with the challenges of becoming a landlord and you will realise the importance of getting the correct advice and assistance.

The benefits of a Let to Buy Mortgage

  • Enable you to use equity you have built up in your home to enable you to move to a new one, while also keeping the existing home as a long-term investment
  • Enable you to purchase a new property while unable to sell the current one in the timeframe required
  • Enable you to purchase a new property while struggling to sell your current property due to market conditions
  • Enable you to purchase a property with a partner while maintaining ownership of your current home

There are merits to using the same lender for both parts but there are also potential benefits to using more than one lender and advice should be sought.

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SOME LET TO BUY MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.

Scott P.

Claire and the team have been absolutely amazing from start to finish can’t thank them enough ,  would highly recommend

Dan B.

I can’t say enough good things about my experiences with Claire Hogg Mortgages and Protection Company!!! We have had assistance from Claire and the team across multiple properties for a number of years and from start to finish, the team have always been knowledgeable, responsive, and genuinely invested in helping us secure the best mortgage for our situation. They explain every step clearly, answer all our questions promptly, and have made the entire process smooth and stress-free. I highly recommend them to anyone looking for a trustworthy and reliable mortgage partner, there’s absolutely no need to look any further! 
Thanks Claire & Team!

David B.

Can’t thank the team enough for sorting a mortgage and remortgage for me, made the process completely effortless, and will definitely be using again. I don’t often post reviews but credit where credit is due, highly recommended. Thanks

Karl K.

Highly recommend, especially as a first time buyer. They made everything seem easy. A very professional team. Informed me of everything they did. Would defo use again. Thank you.

Craig C.

Would definitely recommend this service as through our experience, they were just a call away to answer any questions we had and always put our best interests first. They kept us at ease as we were very nervous going through the house buying process but they always up to date and explained everything very well.